35 Hanson RoadCollinsvilleCT06019
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Collinsville at 35 Hanson Road, Collinsville, CT, 06019 priced at $819,000 converts $4,656/mo rent into after a $4,009/mo obligation. Total monthly income equals $4,656/mo. Return on cash invested prints 16.01% in year one, and rental yield reads 6.82% against a $819,000 entry. Equity gained on principal adds $5,285/yr, while 5% annual appreciation compiles into $226,275 by year five. Five-year ROI reaches 82.7% and total cumulative return in cash sums $222,849. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,656/mo property income covering a $4,009/mo payment, not borrower’s personal income.
Single Family
Built in 2001
4.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06019, Canton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,482 (100%) |
| Owner Occupied HU | 3,553 (79.3%) |
| Renter Occupied HU | 744 (16.6%) |
| Vacant Housing Units | 185 ( 4.1%) |
| Median Home Value | $485,481 |
| Average Home Value | $513,854 |
Housing Distribution
Address Breakdown
Residential
4,339
Single Family
4,110
Multi-Family
229
Businesses
402
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Listed by: Kevin D. Rockoff • Rockoff Realty
Mls Name: Smart MLS
Mls ID: #24118668